profits

2021 Annual And 4th Quarter U S Airline Financial Data Bureau Of Transportation Statistics

Reduces tax rates, abolishes the option minimum tax, and cuts backdoor spending (e.g., mortgage interest deductions) in the tax code. Raising revenue tax rates for the bottom 99% of income earners to their pre-2001 levels would require totally new legislation. The sequester was implemented, so reversing its effect would also require new legislation. Between 1946 and 1974, the US debt-to-GDP ration fell from 121% to 32% even although there were surpluses in only eight of those years which were substantially smaller than the deficits. Should interest prices return to historical averages, the interest cost would increase substantially. The government can...